Positioned in the heart of the New England High Country, an opportunity has presented itself to acquire 104.86 hectares (259 acres) (approx.) to do as you please. Formally trading as a cafe and cellar door operation, the property has countless infrastructure in place enabling it to be used for a variety of pursuits. The property will be sold at auction.
Country: Situated on four freehold titles, the land is generally timbered chocolate and light basalt country with a mix of red and white stringy, ironbark, box and gums.
Location: the property is located on the Northern Tablelands just 69km South East of Tamworth, 56km South of Walcha and 242km North of Newcastle, enabling a short commute. Tamworth Airport is just a short scenic drive away offering daily flights to both Sydney and Brisbane.
The size of Niangala is approximately 692.3 square kilometres. It has 10 parks covering nearly 52.7% of total area. The population of Niangala in 2011 was 144 people. By 2016 the population was 114 showing a population decline of 20.8% in the area during that time. The predominant age group in Niangala is 60-69 years. Households in Niangala are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Niangala work in a managers occupation. In 2011, 75% of the homes in Niangala were owner-occupied compared with 71.4% in 2016..
Niangala has 152 properties. Over the last 5 years, Houses in Niangala have seen a 115.61% increase in median value. As at 31 October 2024:
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